Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 511.62 | +0.0100 | pay 0.0100% / 8h | 2h 22m | $1K | $193K | 10x | Long SunX≤10% back | |
| SHORT | 512.23 | +0.0050 | get 0.0050% / 8h | 2h 22m | $927K | $1.7M | — | Short BingX |
Price gap+0.119%
Funding gap−0.0050% /8h
The gap pays +$11 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 7.0 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$8−0.0050% /8h now · paid −0.077% over the last 7D
Price+$11spread +0.119% now, avg +0.014% → +0.105% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$3+0.03%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.119%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hAMAT on 17 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$1,000 + —SunX 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$1.50Long SunX: 3 payments, −$3.00; short BingX: 3 payments, +$1.50.
- OK: Entry gap works for you+0.119% vs +0.014%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$1K vs $927K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCSunX No · BingX YesAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0037%/8h × 21 periods−$7.73
Price spread+0.119% → +0.014% (7d avg)+$10.54
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: SunX: live order book, 36 min ago; BingX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX500.16doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBingX0.107.4 bp−$714.0 bp−$14082.8 bp−$8,284612.0 bp−$306.0K
Closing costs about the same again.

